How about Saturday
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recently released Saturday, the 2016 annual results letters show that during the month of 2016 1-12, the company achieved operating income of 1 billion 484 million yuan, down 9.64% over the previous year, completed a total profit of 32 million 999 thousand and 900 yuan, down 0.67% over the previous year; attributable to shareholders of listed companies net profit of 21 million 642 thousand and 900 yuan, compared to the same period last year fell 3.96%; basic earnings per share 0.05 yuan.
industry believes that on Saturday had hatched red network, investment in the VR industry and other measures to carry out the transformation of the series, but now little effect.
said on Saturday, the performance of the company is the first domestic entity in 2016 because of lower downtown pressure on the economy still exists, resulting in a greater impact on the retail industry, the main channel of department stores continue to face the decline in passenger traffic, consumer structure changes and other difficulties; second is due to the part of the department store industry node and the company’s initiative to optimize the channel structure, the number of company owned in 2016 shops and stores decreased, resulting in operating income fell, reducing the profitability of the company. At present, the company opened a new store brand collection "SATURDAY MODE" operating in good condition, but because of the number of stores during the reporting period accounted for less, so the adverse effects caused by these factors failed to offset on business performance.
in fact, in recent years, the performance trend continued to slow down in. Data show that since the two quarter of 2014, operating income will continue to decline on Saturday. 2015, Saturday’s revenue and net profit fell 23 million indicators, which achieved operating income of $1 billion 642 million, down by 6.61%, net profit of $, a decrease of 36.02%. 2016 Saturday operating conditions are still difficult to pick up.
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